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darreny
New Member

Why is my roth ira contribution not being taken off my gross income

 
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Accepted Solutions

Why is my roth ira contribution not being taken off my gross income

That is simple. ROTH IRA contributions are not deductible from income. Never have been. That is one of the fundamental differences between a ROTH IRA and a Traditional IRA.

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1 Reply

Why is my roth ira contribution not being taken off my gross income

That is simple. ROTH IRA contributions are not deductible from income. Never have been. That is one of the fundamental differences between a ROTH IRA and a Traditional IRA.
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